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Tongaat Hulett's journey to recovery: new leadership and ... - MSNTongaat Hulett, under new CEO Gavin Dalgleish, is embarking on a journey of recovery after a tumultuous past marked by scandals and heavy debt. With a focus on restoring stakeholder trust and ...
Shares in Tongaat-Hulett, South Africa's second-biggest sugar producer, jumped as much as 6.32 percent to 111.90 rand -- a new record high. By 1013 GMT the stock was 4.8 percent higher at 110.30 rand.
Tongaat Hulett is in the process of selling the Zimbabwe assets, made up of the wholly owned Triangle Sugar Estates and a 50.3% stake in Hippo Valley Estates (HIPO.ZI), to a Mauritius-registered ...
Its parent company, Tongaat Hulett Limited, has been under business rescue since September 2022 due to financial constraints. Officials said the acquisition by Vision Group aimed to transform the ...
Its parent company, Tongaat Hulett Limited, has been under business rescue since September 2022 due to financial constraints. Officials said the acquisition by Vision Group aimed to transform the ...
South African sugar producer Tongaat Hulett Ltd's Zimbabwean subsidiaries have suspended advance payments for cane deliveries after the Harare authorities told banks to stop lending, the company ...
Tongaat-Hulett made a dramatic turnaround in the year to December 2004, achieving headline earnings of R214 million after the previous year's R93 million loss, a swing of R307 million, despite the ...
South Africa sugar producer Tongaat Hulett on Friday reported a narrower annual loss thanks to an improved performance at some of its operations and increased land sales, sending shares higher.
Tongaat Hulett, the beleaguered South African agro-processing firm, is poised to emerge from the shadow of its tumultuous past, thanks to new leadership and a significant restructuring initiative ...
Tongaat Hulett's TONJ.J South African operations entered business rescue proceedings in October 2022 following an accounting fraud scandal. Tongaat Hulett is in the process of selling the Zimbabwe ...
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